Bond market yields
Mortgage pricing tends to follow investor demand for mortgage-backed securities and longer-term Treasury yields.
Mortgage rates
Today's mortgage rates, explained.
Mortgage rates change every day, and the rate you're offered depends on your scenario. Instead of posting one number, we review wholesale lender options for your situation.
What moves mortgage rates
Day to day, rates move with the broader market, not with any single lender.
Federal Reserve policy
The Fed does not set mortgage rates, but its decisions and outlook can shape what markets expect.
Inflation
When inflation runs hot, investors often expect a higher return, which can put pressure on mortgage pricing.
What affects your rate
Two people can apply on the same day and see different pricing. These are the main reasons.
Credit
Your credit history and scores are among the factors lenders consider for a complete mortgage scenario.
Down payment or equity
How much of the home you own or put down affects the lender's risk assessment.
Loan type
Conventional, FHA, VA, jumbo, and Non-QM programs can be priced differently.
Property and occupancy
Primary home, second home, or investment property, plus property type, can all matter.
Points
Points can change the rate and the upfront costs, so it helps to compare the full loan terms.
Lock period
How long pricing is held can change what a lender offers for a complete scenario.
Why we don't post a one-size rate
One published rate cannot account for your credit, property, loan amount, program, or costs. We compare wholesale lenders for your actual scenario, so the options you see are built for you, not for an average borrower.
Mortgage options
See what your options look like
Tell us about your goal and a licensed loan officer can review wholesale lender options for your scenario.
Rates and terms vary by borrower and lender. This information is general and is not a quote, approval, or rate lock.